Starting a Business in Ingham County, MI

What does it cost to start a business in Ingham County? Here are the numbers.

Avg Startup Cost

$46,911

Monthly Overhead

$1,541

Est. Break-Even

30 mo

Runway

30 mo

Local Business Economics

Cost Factors

Commercial Rent (est.)$1,541/mo
Median Household Income$62,548
Property Tax Rate1.9%

Population (market size)282,540

Market Context

Median Home Value$173,600
Homeownership Rate58.8%
Median Rent$1,027/mo

CountyIngham County

About Ingham County, Michigan

Ingham County in Michigan has a population of 282,540 and a median household income of $62,548. The larger population base provides a strong potential customer pool for new businesses.

These are starting estimates based on county-level data. Your actual startup costs depend on your industry, business model, location within the county, and dozens of other factors. Use our calculator for a detailed viability analysis.

Analyze Your Business Viability in Ingham County

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Other Counties in Michigan

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SBA, BLS. Estimates based on county-level medians. This is not financial advice.